While free markets sound great, clearly in practice they suffer from issues. Some of these issues we admit to and try to address, (like monopolies and bank runs) and others we ignore or deny. (like greed getting out of hand, looting of companies, fraud, corruption, and theft)
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In a real free market, as a perfect example, the financial mess we’re in, the government would NOT intervene, certainly and especially to the extent it has. So imo, this is not to be considered a free market at all. I wouldn’t classify it as such if the government has to step in. The outcome would be completely different had there been no intervention.
[quote=XBoxBoy]
So, I suggest to you piggs, that the issue really isn’t libertarism vs socialism, or republicans vs democrats, it’s how do we convince people in our society that it really is important that they fight corruption and act responsibly.
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Agree that energies would be better spent if that were the focus.
